Atlas Browninc Has Increased Its Merck & Co Com (MRK) Position; Commerce Bank Lifted Baxter Intl (BAX) Holding by $1.17 Million

February 18, 2018 - By Marie Mckinney

Atlas Browninc increased its stake in Merck & Co Inc Com (MRK) by 53.88% based on its latest 2017Q3 regulatory filing with the SEC. Atlas Browninc bought 4,999 shares as the company’s stock declined 2.46% while stock markets rallied. The institutional investor held 14,277 shares of the health care company at the end of 2017Q3, valued at $914,000, up from 9,278 at the end of the previous reported quarter. Atlas Browninc who had been investing in Merck & Co Inc Com for a number of months, seems to be bullish on the $153.36B market cap company. The stock increased 0.54% or $0.3 during the last trading session, reaching $56.29. About 11.73M shares traded. Merck & Co., Inc. (NYSE:MRK) has risen 16.86% since February 18, 2017 and is uptrending. It has outperformed by 0.16% the S&P500.




Commerce Bank increased its stake in Baxter Intl Inc (BAX) by 42.19% based on its latest 2017Q3 regulatory filing with the SEC. Commerce Bank bought 18,879 shares as the company’s stock rose 15.04% with the market. The institutional investor held 63,630 shares of the medical and dental instruments company at the end of 2017Q3, valued at $3.99 million, up from 44,751 at the end of the previous reported quarter. Commerce Bank who had been investing in Baxter Intl Inc for a number of months, seems to be bullish on the $36.14B market cap company. The stock decreased 0.17% or $0.11 during the last trading session, reaching $66.33. About 3.73M shares traded or 18.66% up from the average. Baxter International Inc. (NYSE:BAX) has risen 32.55% since February 18, 2017 and is uptrending. It has outperformed by 15.85% the S&P500.

Since August 17, 2017, it had 0 buys, and 3 sales for $1.39 million activity. 12,670 shares were sold by Accogli Giuseppe, worth $772,363 on Thursday, August 17. 4,020 shares valued at $247,672 were sold by Shapazian Carole J on Thursday, August 24. 8,920 shares were sold by STALLKAMP THOMAS T, worth $555,538.

Investors sentiment increased to 0.97 in 2017 Q3. Its up 0.05, from 0.92 in 2017Q2. It improved, as 38 investors sold BAX shares while 300 reduced holdings. 76 funds opened positions while 253 raised stakes. 439.80 million shares or 0.96% less from 444.08 million shares in 2017Q2 were reported. Bahl & Gaynor reported 13,286 shares. Howland Cap Ltd Liability Com invested in 6,048 shares or 0.03% of the stock. Aviance Capital Prtnrs stated it has 3,658 shares. Griffin Asset Mngmt has invested 0.07% in Baxter International Inc. (NYSE:BAX). Oakworth Inc owns 18,150 shares for 0.29% of their portfolio. 901,239 are held by Alliancebernstein Limited Partnership. Los Angeles Cap Equity Rech has 0.84% invested in Baxter International Inc. (NYSE:BAX) for 2.31M shares. Anchor Ltd Liability has invested 2.1% in Baxter International Inc. (NYSE:BAX). Glenview Comml Bank Tru Dept holds 0.16% or 5,223 shares. Horrell Mngmt Incorporated holds 0.97% or 28,070 shares in its portfolio. Twin Cap Management reported 151,260 shares or 0.5% of all its holdings. Papp L Roy holds 0.05% or 3,362 shares in its portfolio. 29,352 are owned by Lombard Odier Asset Mngmt (Switzerland) Sa. Wheatland Advisors Incorporated owns 2.27% invested in Baxter International Inc. (NYSE:BAX) for 42,324 shares. Two Sigma Secs Limited Liability reported 0.02% in Baxter International Inc. (NYSE:BAX).

Among 19 analysts covering Baxter International (NYSE:BAX), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 58% are positive. Baxter International had 55 analyst reports since July 30, 2015 according to SRatingsIntel. JP Morgan upgraded the shares of BAX in report on Tuesday, January 2 to “Overweight” rating. Bank of America upgraded Baxter International Inc. (NYSE:BAX) on Tuesday, January 2 to “Buy” rating. BMO Capital Markets maintained the shares of BAX in report on Thursday, February 1 with “Buy” rating. BMO Capital Markets maintained Baxter International Inc. (NYSE:BAX) rating on Monday, November 13. BMO Capital Markets has “Buy” rating and $70.0 target. The firm has “Overweight” rating by Cantor Fitzgerald given on Friday, June 30. The firm earned “Neutral” rating on Monday, June 6 by JP Morgan. On Monday, July 10 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm earned “Hold” rating on Friday, September 1 by RBC Capital Markets. The firm has “Hold” rating given on Wednesday, July 26 by RBC Capital Markets. On Wednesday, January 3 the stock rating was upgraded by Raymond James to “Outperform”.

Commerce Bank, which manages about $7.36B US Long portfolio, decreased its stake in United Technologies Corp (NYSE:UTX) by 187,163 shares to 303,657 shares, valued at $35.25M in 2017Q3, according to the filing. It also reduced its holding in Procter And Gamble Co (NYSE:PG) by 24,575 shares in the quarter, leaving it with 1.24M shares, and cut its stake in Northrop Grumman Corp (NYSE:NOC).

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